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Biomass-to-sugar company Comet Biorefining completes new round of equity financing

Green Car Congress

Comet Biorefining, an industry leader in the production of high-purity cellulosic dextrose, has completed a round of equity financing led by new investor PM Equity Partner. Current investor Sofinnova Partners and new investor Bioindustrial Innovation Canada (BIC) also participated in the financing.

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Porsche and UP.Labs to build startups tailored for Porsche’s business

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—Lutz Meschke, Deputy Chairman of the Executive Board of Porsche AG and Member of the Executive Board for Finance and IT. Porsche has been active since 2016 in identifying and taking stakes in around 40 startups with new business models and new technologies. Above all, we strive for new sources of innovation.

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$100 million Toyota funding finances proceed on robotics and controls

Baua Electric

It all started in 2016 and expanded ultimate while to incorporate 21 college companions and 61 initiatives. Those robots can wrinkle laundry and flaunt versatile luggage, dynamic duties with implications for car building. and for the business. The automaker stated the college partnership program will proceed into 2024.

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True Zero H2 network fuels more than 3.7M miles in California in 2016

Green Car Congress

Fuel from True Zero ’s hydrogen-fueling stations during 2016 powered more than 3.7 The number of fuel cell cars on California roads increased during 2016 and is expected to more than quadruple during 2017. The company also obtained financing from Toyota and Honda to help accelerate and grow its California hydrogen network.

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Aemetis RNG production exceeds plan by 20% during Q2 2023

Green Car Congress

—Eric McAfee, Chairman and CEO of Aemetis In 2016, California Governor Gavin Newsom signed into law Senate Bill 1383, limiting the emission of methane from dairy lagoons in California, which includes approximately 1.7 million dairy cows at more than 1,000 dairies. Aemetis Biogas was formed as a subsidiary of Aemetis, Inc.

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Panda Power finances conversion of retired coal plant to natural gas; one of largest power conversion projects in US

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Panda Power Funds has financed the 1,124 megawatt Panda “Hummel Station” power plant—one of the largest coal-to-natural gas power conversion projects in the United States. to build the Hummel facility on a turn-key basis. The Term Loan B debt received an initial credit rating of BB- and a “1” recovery rating by Standard & Poor’s.

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Rio Tinto launches START: the first sustainability label for aluminum using blockchain technology

Green Car Congress

Through START, Rio Tinto will also provide technical expertise through a sustainability advisory service and support for customers looking to build their sustainability offerings, benchmark and improve performance, support sourcing goals and access to green financing.

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